Sample Hardship Letter

A hardship letter is an explanatory piece of write up, where a client or a costumer makes a request related to any financial or business related affair or inability for payments. The hardship letter is written for many occasions like requesting a loan forgiveness, modification in a work assignment, or a request for time extension.

Situations for hardship letters are different. So the letter has to be self explanatory, and at the same time in a formal language.

One thing to be considered while writing a hardship letter is; whatever reason you are give for your hardships or excuses, should be well-explained, and valid for the exculpations you are demanding.

Given below is the template of a hardship letter, which can be perfect to us for all the reasons you are writingthe letter for.

Hardship Letter Template

From

(Your name, address and contact details)

Date- (Date of writing the letter)

To

(Name , address and contact details of the recipient)

Subject- A subject line or purpose of the letter in one line.

Dear sir/ma'am,

Letter Body- Describing the purpose of the letter.

(First Paragraph) – Mention the reason for the letter

(Second Paragraph) – Explain about the hardship you are facing. Do not use very gloomy language here. Remember, this is a formal letter.

(Third Paragraph) – Assure the recipient about your genuine intentions of returning the dues shortly in the approaching time.

Yours sincerely/ faithfully,

(Your name and signature)

Sample Hardship Letter

From
Matthew T. Ayers
4264 Counts Lane
Lexington, KY 40505
Phone- 859-974-3850
E-mail- MatthewTAyers@teleworm.com

Date- June 25, 2011

To Rodney L. Richardson Accounts Manager Richardson Finance 2658 Ocala Street Maitland, FL 32751 Phone- 407-475-9174 E-mail- RodneyLRichardson@teleworm.com

Subject- Settlement of dues. Loan ID: 25648

Dear Mr Richardson,

I am writing this letter to explain to you about some unfortunate situations that are causing the delay in my payback process. I hope, you will understand the situation and give me some more time to make your payments.

I have taken a loan of 5 thousand dollars, in February 2009 from your firm. It was a loan from the 'Easy Educational Loan' category, and I am supposed to return the full loan payment by August 2011. As of now, out of the total sum, I have already paid 65% of the amount. But unfortunately, I have lost my current job, and I am running into financial crisis. Because of this hardship, I am not being able to pay your dues in the alloted period of time. Therefore, I request you to extend my payment due-date by a few months. I promise you to make the full payment in the next few months. I just need some more time to overcome this hardship in my professional and resultantly personal life.

Please consider my application for the payment date extension. I have enclosed all the loan related documents along with this letter. If you have any query, please do ask me; I am obliged to solve your inquiry.

Yours faithfully,

Matthew T. Ayers

A sample hardship letter like this, gives you a clear idea about how a hardship letter is written in an impressive manner. While the formal language is maintained in the letter, it explains about the individual hardship also.

While writing a hardship letter, one has to keep in mind that you are requesting for a favor; so it is not welcomed to sound too demanding or mendicant in the letter. Explain your situation in a proper language to the receiver. If necessary, enclose related official documents along with your letter. It makes the concerned official to understand the situation clearly, and he may promptly think about any probable solution on it. Also, you can look example of Short Sale Request Hardship Letter and example of Chase Hardship Letter.